Why Set Up a Company in Dubai?

A few items make up the list of strengths of Dubai that business people see as a great idea to set up a business. Being one of the open hubs for trade and investment in the UAE, Dubai has been a long-standing Emirate as a preferred destination for investment. 

Being recognized as the ultimate destination for shopping, luxury, entertainment, and business establishment, Dubai has attained the position as one of the world’s highest-targeted destinations. This blog will highlight eight reasons which will make you understand why to invest in your company in Dubai and the reasons it turns out to be a perfect option now.

Check out our latest video on How to Set Up a Business in Dubai?

 

Reasons for Investing in Dubai

Every year millions of foreign ex-pats visit the nation for numerous reasons, which have fetched multiple investment opportunities for business investors to come forward and invest.

A Growing Economy

The journey from the land of oil to the area of a global business hub, Dubai, has seen transformational growth. The primary focus at the initial stage was the oil and gas industry, but in due course of time, the region has shifted its focus towards the non-oil business sectors and has seen a boost in all possible domains. 

This has paved various ways for investors to start a business setup in Dubai, UAE.

2. Multiple Business Options

The city of Dubai holds enormous opportunities for business establishments. Ranging from an entrepreneur, freelancers, or even established business owners, everyone has got ground to implement their business ideas. 

Over the past few years, the nation has built itself as an ultimate business ground for numerous industries ranging from tourism, hospitality, retail, etc. Freelancers who are experts in their domain, like digital marketers, IT professionals, and fashion designers, can step forward to implement their ideas and start a business in Dubai.

3. Multiple Location Options

Now, you must be wondering where to set up the business. Well, don’t worry. 

The Emirate of Dubai holds different regions like Mainland, Free Zones, and Offshore. Each of this zone has got their specifications, which benefits an investor to start a business according to their business requirements. 

It serves to be profitable if you have an idea regarding all three locations before setting up a business in Dubai.

4. Government Initiatives

Every year the Government of the Emirates takes numerous initiatives to uplift the UAE’s economy and grab the attention of international investors. Smart actions have been made in all possible business industries for both government and private sectors. 

5. 100 % Repatriation of Capital Invested and Profits Earned

Another important dimension that every business person is concerned about is related to the company liquidation services in Dubai and the steps after that. Now, to ease the process for the investors, the Dubai Government provides complete freedom to the business owners to come ahead and repatriate the total capital invested and profits earned, which turns out to be beneficial for the business professionals.

6. No Personal Tax

One of the most frightening thoughts that appears in the mind of business professionals is regarding tax. To provoke the investors to come ahead and invest in Dubai, the personal tax has been completely exempted. 

Recently, the VAT rule has been implemented in the UAE, which mandates that corporate entities pay a VAT of 5 percent. So, if you start a business in the UAE, you don’t have to pay personal tax.

7. International Exposure

One of the benefits that you can provide your company is to get international exposure. By starting a company in Dubai, you can quickly get exposure to the global market and can expand your business to the other Emirates or even to the neighboring countries like Oman, Bahrain, and Qatar and grab more customers. 

Also, opening a branch office in Dubai turns out to be a perfect idea for your local business, as it will enhance the goodwill of the company to the next extent.

8. Free Investment Zones in Dubai

Dubai provides state-of-art infrastructure and logistics as well as strategic sectors for investments. Dubai tops the chart among all of the Middle Eastern cities for the quality-of-life index. 

Dubai has many free trade zones, particularly areas that are tax-free and customs duty-free for foreign investors. A few of the most important free trade zones in Dubai are Jebel Ali, the International Media Production Zone, the Dubai Media City, the Dubai Biotechnology and Research Park, the Healthcare City, the Maritime City, the Cars and Automotive Zone, the Airport Free Zone, the Sports City or the Design District.

Initiate Your Best Investment in Dubai with Us

In a nutshell, you have seen the core reasons why Dubai stands as an ultimate investment ground. Being a business person if you are seeking an investment platform for your business, then Dubai is the best option that can leverage your business growth. 

Now, it is recommended that at the initial stage, you should take the help of business consultants who are well-equipped with the business incorporation process. Commitbiz Consultants in Dubai stands as one of the premier business consultants in Dubai who have helped numerous clients to incorporate their business across UAE, Qatar, Bahrain, and Oman. 

Our business advisors are well-versed in the legal formalities and can guide you accordingly at every step. In case you hold any queries, do speak to our advisors to figure out the answers. 

Contact us today-we’d be glad to assist.